Calvin Coolidge actually said...

Reports came that people were drawing their money out of perfectly good banks and investing in savings certificates in a way that threatened to jeopardize the banks and make it very inconvenient for them by taking their deposits.

02/01/1924

https://www.presidency.ucsb.edu...

More Calvin Coolidge Quotes

"American citizenship is a high estate."
"Our Republic was organized to avoid and discourage war, and to promote and establish peace."
"We might consider a practical policy to pursue."
"Our Nation has associated itself with other great powers for the purpose of promoting peace in the regions of the Pacific Ocean."

View All Calvin Coolidge Quotes